Video Walls Market Research Report 2022 – Global Forecast till 2027

One of the products that has gotten a lot of attention over the past few years is video walls. The need for large displays and sets of monitors is steadily increasing in newsrooms, conference halls and concerts. As a result, the video wall market is expected to exhibit an outstanding CAGR of 14.1% during the forecast period. The market is expected to be valued at approximately US$ 13,966 million by the end of 2027 from approximately US$ 3,738 million in 2017.

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Numerous advantages of video walls driving increased demand and adoption

Video walls offer several advantages compared to traditional large screen displays. Previously, large screen displays were used extensively in various applications such as sports, digital signage and stadiums. However, video walls provide high-quality pixel density and uniform brightness for all of your photos. As a result, there has been a significant increase in the trend towards the placement of video walls in the aforementioned applications and is expected to gain traction in the long term.

In addition to this, a single video wall has the ability to display multiple photos in different formats and resolutions from different regions at the same time. In addition, video wall displays are not limited to a specific design and offer high flexibility by presenting images in a variety of creative forms. Traditional large screen displays are being replaced by more and more idiosyncratic video wall concepts, which is why the video wall market is expected to grow at a healthy pace during the forecast period.

A good signal for the growth of the global market for the integration of IT technology

Continuous technological advances have resulted in video walls with improved performance and flexibility. In addition, the development of new technology in video walls can induce customers to purchase, which can pave the way for the market to earn high profits. For example, the development of a touch screen video wall can greatly enhance the user-friendliness of users, thereby accelerating the growth of the global market.

competitive landscape

Many major video wall manufacturers tend to invest heavily in display technology innovation, research and development practices to discover increased applications for video walls. Using technology, major suppliers are also focused on increasing their customer base through direct and indirect sales channels.

• Samsung Electronics Co., Ltd.
• NEC Display Solutions
• LG Electronics
• Royal Phillips NV
• ship
• ray yard
• Panasonic Corporation